By Commodity News Service Canada
Winnipeg, May 18 (CNS Canada) – Following are a few highlights in the Canadian and world pulse markets on Wednesday, May 18.
– Edible bean farmers in Manitoba are waiting on warmer soil temperatures to seed this year’s crop, with total acreage likely down on the year due to declining demand for some of the specialty coloured varieties and increased interest in growing peas, according to industry sources.
– Saskatchewan Pulse Growers are looking for opinions on how they release pulse varieties through exclusive tenders. Most new varieties, developed at the University of Saskatchewan and funded in part by Pulse Growers levies, are currently released royalty free. However, some varieties without an established market may be released with exclusive rights through the tender release program.
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– Top end green pea prices are starting to back off, with prices in the C$9.00 to C$9.80 per bushel range being reported in Western Canada. Meanwhile, top end yellow peas are going for as much as C$13.40 per bushel in some locations. Red lentil bids of 50 cents per pound are now being reported in some locations. Meanwhile, number two large green lentils are still hitting prices as high as 75 cents, but number ones have moved off their 80 cent highs to top out at 79 cents per pound at some locations.
– Chickpea prices in Western Canada remain strong, with large caliber Kabuli’s trading as high as 56 cents per pound.
